HP CEO Shakes Up Company's Executive Layer

By Tracey E. Schelmetic June 14, 2011

Earlier this year, Hewlett Packard’s head honcho, Léo Apotheker warned the world – and the company – that it was likely to have a challenging (read: really lousy) third quarter and that things were going to change. Turns out he meant it. Apotheker, who has helmed HP since November, has reportedly just restacked the executive layer of HP to try and solve some of the company’s problems. 

Business Insider reports that a number of executives are out, and many more have been elevated to report directly to Apotheker. Here are the highlights:

Ann Livermore, who was head of HP’s enterprise business and has been with the company for 29 years, will no longer carry out day-to-day duties, though she has been elected sit on the company’s board. Her job will be split into two: hardware, a position that will be taken up by Dave Donatelli, who will report directly to Apotheker, and services, a position which is not yet filled.

Pete Bocian, HP’s chief administration officer (his job was to oversee operational issues) will depart the company “immediately” and without replacement.

Chief Information Officer Randy Mott is leaving, and HP is actively searching for a replacement.

Bill Veghte, an ex-Microsoft veteran who joined HP last year and heads HP’s software business, will now report directly to Apotheker, as will Jan Sandak, HP’s head of global sales.

In the release announcing the changes, the company is also reshuffling its sales and marketing deck to focus more attention on India and China.

“As communicated in March, one of HP’s key priorities will be to deliver unique and innovative market-specific solutions to customers. Both China and India are critical markets to HP, and the company will increase its dedication to supporting these markets. To achieve this, in addition to their existing global business leadership roles, Todd Bradley, executive vice president of the Personal Systems Group, will lead cross-business initiatives focused on expanding HP’s market share in China, and Vyomesh Joshi, executive vice president of the Imaging and Printing Group, will lead similar efforts in India,” said the company in the release.

The changes, reports Bloomberg, were effected to give the company “clearer reporting lines” and provide Apotheker with more direct oversight of HP’s customer-facing components. However, at least once analyst told Bloomberg that the changes may result in disruption that could harm the company’s restructuring efforts. 

ISI Group analyst Abhey Lamba told Bloomberg, “Senior management changes in the services group could impact HP’s ability to turn the business around in the near term. Departure of senior management and appointment of a new segment chief could cause disruption.”

Want to learn more about the latest in communications and technology? Then be sure to attend ITEXPO West 2011, taking place Sept. 13-15, 2011, in Austin, Texas. ITEXPO offers an educational program to help corporate decision makers select the right IP-based voice, video, fax and unified communications solutions to improve their operations. It's also where service providers learn how to profitably roll out the services their subscribers are clamoring for – and where resellers can learn about new growth opportunities. To register, click here.

Tracey Schelmetic is a contributing editor for TechZone360. To read more of Tracey's articles, please visit her columnist page.

Edited by Jennifer Russell

TechZone360 Contributor

Related Articles

Why People Don't Update Their Computers

By: Special Guest    7/13/2018

When the WannaCry ransomware attacked companies all over the world in 2017, experts soon realized it was meant to be stopped by regular updating. Even…

Read More

More Intelligence About The New Intelligence

By: Rich Tehrani    7/9/2018

TMC recently announced the launch of three new artificial intelligence events under the banner of The New Intelligence. I recently spoke with TMC's Ex…

Read More

Technology, Innovation, and Compliance: How Businesses Approach the Digital Age

By: Special Guest    6/29/2018

Organizations must align internally to achieve effective innovation. Companies should consider creating cross-functional teams or, at a minimum, incre…

Read More

Contribute Your Brain Power to The New Intelligence

By: Paula Bernier    6/28/2018

The three events that are part of The New Intelligence are all about how businesses and service providers, and their customers, can benefit from artif…

Read More

TMC Launches The New Intelligence - an Unparalleled AI and Machine Learning Conference & Expo in Florida

By: TMCnet News    6/28/2018

TMC announced the launch of The New Intelligence conference and expo - The Event Powering the AI Revolution. This exciting new event will take place o…

Read More